Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

Project Managment

CHAPTER 8

Case Study #3 Student Fund-Raising Project

In September at its initial meeting of the academic year, the Council of Fraternities and Sororities (CFS) at Mount Clement University decided to organize a project to raise funds to help upgrade the pediatric intensive care unit a the local hospital. The CFS consist of representatives from each of the 24 fraternities and sororities. There were 15 representatives at the meeting.

Although the council members who were at the meeting expressed enthusiasm for such an endeavor, they also raised some concerns,  including:

What kind of project should we do?

When would be the best time of the year to do it?

Do you have a goal for how much money we should try to raise?

How should we assign responsibilities to all the fraternities and sororities?

What about the council members who are not at the meeting? What if they do not support the idea?

Are we going to need any money at the beginning to get things going and pay for things like advertising and other necessities?

Do we need any kind of approval?

Hannah said, "This is getting complicated. There are a lot of questions and unknowns."

Marcus added, "What if we don't raise a lot of money? That will be embarrassing, especially if we have to do a lot work."
Teresa responded, "Sure it may be a lot of work, but we have a lot of people in our fraternities and sororities who we can get to help?
Cathy said, "Maybe we should try to identify what the risks may be, then see if we still think we can do it?"
Meghan said, "I 'm not going to stand on corners with a can collecting money."

Wendy added, "Me either, but there are a lot of other things we can do to raise money that could be fun for all the students."
"Maybe even get the community to come, too. That will help us raise more money than just from students," added Sophie.

Suli spoke up, "I'm willing to chair a planning committee. Who else wants to be on it? We'll meet here tomorrow at 5:00. I'll send an  e-mail to the CFS members who aren't here, inviting them to come. We are going big time and are going to raise a lot money. Hey,  there are risks in anything we do, but they'll work out. We have got to have a can-do-attitude."

1 What would you recommend for the next possible steps?

2 Identify a potential project to raise funds for the hospital pediatric intensive care unit.

3 Identify a risk that could jeopardize the success of the project.

4 Develop a response plan for how the risk can be either avoided or mitigated

CHAPTER 9

1 Discuss what needs to be done as part of closing a project. Why are these activities important?

2 List two lessons learned from project in which you were a project team member or project manager. How will these lessons learned inform your future projects?

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92761692

Have any Question?


Related Questions in Operation Management

1 your assignment is to prepare presentation outlining the

1. Your assignment is to prepare presentation outlining the major communication processes between individuals and organizations. 2. Suppose that the average daily demand of cooking oil at Harry's Fish Fry is 15 gallons w ...

1 what are some businesses that diversified were they

1. What are some businesses that diversified? Were they successful? Where there any that just did not work? why? 2. Discuss at least two reasons why gender inequality is particularly and issue impacting women in Asian co ...

For the directors of a corporation what are their

For the directors of a corporation, what are their obligations? To whom are they loyal? Is a director an agent of any entity? Are directors fairly compensated based on the average data provided above? For their six workd ...

These are research questions and do not belong to a case1

These are research questions and do not belong to a case. 1. How is employee performance assessed and managed at T-mobile and Verizon? 2. What processes or systems are used to manage employee performance at each organiza ...

1 employers are encouraged to create a culture of inclusion

1. Employers are encouraged to create a culture of inclusion regarding religion. What does this mean? What should be done? 2. Conduct a internet research on the positive effects of work on people's health and well-being. ...

Identify at least two distinct market segments for tesla

Identify at least two distinct market segments for Tesla model S or X. Each market segment description must include at least three (more if needed) of the characteristics from amongst any of the four bases categories, e. ...

Your are a global business intelligence consultant you have

Your are a Global Business Intelligence consultant. You have been hired to produce a Business Intelligent report about a country . Your report should include: 1. An external analysis report that include political, social ...

Case one green machine incgreen machine inc a company

Case One: Green Machine, Inc. Green Machine, Inc., a company devoted to producing eco-friendly household products, is a wholly owned subsidiary of Colossal Corporation. Green Machine's most famous and best-selling produc ...

Scenariowanda has been reading up on management using

Scenario Wanda has been reading up on management, using magazines at the grocery store checkout line as her primary resource. She admits popular magazines may not be the best sources of information about management, but ...

Write a 1 page professional memorandum per paper total of

Write a 1 page professional memorandum per paper ( total of 5 pages ), directed to UNiversity of central Florida IEMS management on forcasting , sales and operation planing , inventory control system to determine demand ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As